4534 BANAN PL, Siesta Key, FL 34242 - MLS#A4630024

$800,000

Est. payment - /mo

5 Beds

3 Baths

3,119 SqFt

UPDATED:

Key Details

Sold Price $800,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,119 sqft

Price per Sqft $256

Subdivision Ocean Beach Rep

MLS Listing ID A4630024

Bedrooms 5

Full Baths 3

Year Built 1964

Annual Tax Amount $4,704

Lot Size 10,454 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to 4534 Banan Place. Located in the heart of the world-renowned Siesta Key, this spacious 5-bedroom, 3 bath, 3,100+ sq. ft. home offers an unbeatable combination of location, potential, and value. Nestled on a tranquil street, this property captures the essence of island living, just minutes from the #1-rated Siesta Beach with its powdery white sands and vibrant village life filled with boutique shops, fine dining, and entertainment. In addition you will find a serene waterfront park for enjoying water views just a few short blocks away!

This home boasts an impressive layout, perfect for large families or those who love to entertain. The home had a massive addition of about half the heated square footage in 2001. The AC was just installed 1 year ago and still works fine after the storms. In the backyard you will find a private retreat, featuring a caged, heated, saltwater pool and spa combo where you can relax and unwind while enjoying the Florida sunshine. Also, included in the asking price, is an infrared light treatment sauna located in the primary suite!

While Hurricane Helene caused flooding to the property, this presents an incredible opportunity for you to reimagine and customize this home to your taste. At $1.2M, this home is priced $800,000 below its ARV of $2M, making it one of the best values on the market today. Whether you're looking for a primary residence, vacation home, or investment opportunity, this property has the bones and location to become something extraordinary.

Don't miss your chance to own a piece of paradise with unmatched potential! Schedule your private showing today.

Location

State FL

County Sarasota

Community Ocean Beach Rep

Zoning RSF2

Interior

Heating Heat Pump

Cooling Central Air

Flooring Tile

Laundry Inside, Laundry Room

Exterior

Exterior Feature Courtyard, Outdoor Shower, Private Mailbox, Sliding Doors, Storage

Pool In Ground

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Wood Siding

New Construction false

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by KW SUNCOAST
Bought with STELLAR NON-MEMBER OFFICE

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Alina Pekarsky

+1(386) 569-5383

Broker | BKBK3118291

Broker BKBK3118291

4534 BANAN PL Siesta Key, FL 34242